Future promises to open up many opportunities to improve the quality and efficiency of the accounting industry. However, besides the opportunities, accounting also faces a series of challenges, in which, it can be said that the shortage of high-quality accountant is a big problem. According to statistics by the end of 2020, Vietnam has more than 810,000 operating enterprises. Each average business needs 5-6 accountants to maintain operations. And according to the business development plan in the period of 2021-2025, with a vision to 2030, which has just been assigned by the Government to the Ministry of Planning and Investment, Vietnam aims to have 1.3-1.5 million enterprises. That means the demand for accountants will also increase. In addition, the explosion of the 4.0 technology revolution also affects recruitment in the accounting industry more or less. Digital technology is increasingly popular and applied by many businesses, changing the way they practice finance and accounting… This is an opportunity and challenge for freelancers in the accounting industry.
Assessing the current situation of accounting human resources in Vietnam, many experts commented: “The quality of accounting human resources, especially the ability to apply information technology, is a big barrier for accountants to access technology. At the same time, accountants’ foreign language skills (English especially) need to be improved in the new era”.
Freelancers in accounting and finance can work in Vietnamese and foreign businesses, accounting and auditing service companies, public sector units, social organizations, and non-profit organizations, especially for foreign businesses using 100% English… with the following positions: accounting consultant, tax compliance, payroll…
To seize this career opportunity, freelancers pursuing a major in accounting today need to be equipped with knowledge of digital technology, database management, English, and many other skills for work.
The strength of Freelance Accountant Vietnam (FAV) is also a team with good English ability, working and using English flexibly in a professional working environment. FAV is focusing to develop the network in Da Lat City.
- TAX TREATMENT WHEN BUYING SOFTWARE FROM OVERSEAS
- COMMON PRACTICE ON BASIC UNDERSTANDING OF FCT IN VIETNAM
- TAX POLICY IN VIETNAM FOR THE MEMBERSHIP FEE FROM ORGANIZATION WITHOUT USING INVOICE
- REGULATIONS ON WITHHOLDING TAX 10% ON THE PAYMENT TO FREELANCERS IN VIETNAM
- SCOPES OF RETAINER (ADVISORY) SERVICE FROM FREELANCE ACCOUNTANT VIETNAM
- NOTICE FOR TAX RISK WHEN THE SELLING PRICE IS LOWER THAN THE COST OF GOODS SOLD